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Helios Towers DRC inks US$105m financing

Connectivity BusinessbyConnectivity Business
July 13, 2016
in Financing
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Helios Towers Africa’s (HTA) Congolese subsidiary has completed a US$105m upsizing of its syndicated term loan facility led by Standard Bank as MLA and DEG as development finance institution (DFI) arranger. Proceeds will be used to finance the acquisition of Bharti Airtel’s tower portfolio in the country as well as its “organic growth and operational excellence programme”, which includes […]

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Tags: AfricaDEGHelios Towers AfricaHelios Towers DRCHelios Towers NigeriaIHS TowersPremiumStandard Bank GroupTF247
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